BUNKER PRICES: G20-VLSFO Index Jumps to Two-Week High

by Ship & Bunker News Team
Thursday July 31, 2025

Bunker prices mostly advanced at ports around the world on Wednesday, with global average VLSFO prices jumping to their highest level in two weeks.

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports rose by $5.50/mt to $555.50/mt on Wednesday, reaching its highest level since July 15.

The G20-HSFO Index advanced by $6/mt to $472.50/mt, while the G20-MGO Index climbed by $4/mt to $774.40/mt.

ICE Brent crude futures rose by $0.73/bl to $73.24/bl on Wednesday.

VLSFO prices at the top four ports followed a positive trend. At Singapore prices rose by $7/mt to $528.50/mt, at Rotterdam they advanced by $5/mt to $513/mt, at Fujairah they jumped by $9/mt to $523/mt, and at Houston they climbed by $11/mt to $517.50/mt.

On Thursday morning Brent crude futures were trading down by $0.22/bl from the previous session's close at $73.02/bl as of 7:28 AM in London. In metric tonne terms that would be equivalent to a $1.66/mt fall in bunker prices.